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Updated 9 months ago on . Most recent reply
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Can I deduct closing costs I am paying on behalf of the buyer
Hi. I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation. They want to increase the price they are paying for the home and have me pay their closing costs. I assume this allow them to come to closing with less cash down. Any clarification you can provide would be much appreciated!